University of Tennessee trustees will vote this afternoon to rename UT's College of Business after one of the state's most prominent families, following a $50 million gift from Pilot Flying J founder Jim Haslam.

The school will become the James A. Haslam II College of Business, making it the first UT college with a namesake.

The board is slated to vote on the proposal Friday afternoon during its fall board meeting in the Hollingsworth Auditorium on the UT agriculture campus. Gov. Bill Haslam, the de facto chair of the board of trustees and one of Haslam's three children, was attending Friday's meeting.

The family's largess will create an endowment for the college.

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